Economic Development Corp of Utah
Economic development corporation of Utah (edcutah) serves as a catalyst for quality job growth and increased capital investment by assisting in-state companies to grow and recruiting out-of-state companies to expand and relocate into Utah.
Key facts about Economic Development Corp of Utah
In short: Economic Development Corp of Utah reported $17K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- EIN
- 74-2502619
- Latest 990 filing
- Form 990, 2025
- Grants paid (2025)
- $16,595 — reported as a total on the IRS filing, without an itemized list
- Total assets
- $2,675,176
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$2.7M
-23.7% YoY
Grants Paid (reported total)
$17K
Revenue
$1.5M
-24.4% YoY
Net Investment Income
$27K
-1.7% YoY
About Economic Development Corp of Utah
Based on IRS filings
Economic Development Corp of Utah is a public charity focused on Community Improvement & Capacity Building, based in Salt Lake City, UT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it reported $17K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $27K.
Focus Areas
Ready to take the next step with Economic Development Corp of Utah?
Geographic Focus
Where this funder awards grants
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $5K (2021) to $17K (2025). In 2025 it reported $17K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,675,176 | $3,504,683 | $4,477,272 |
| Revenue | $1,542,737 | $2,040,810 | $2,950,947 |
| Expenses | $2,611,281 | $2,853,718 | $2,898,073 |
| Net Investment Income | $27,436 | $27,909 | $4,988 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS January 29, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 18, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
Leadership & Key People
Officers and directors from IRS filings
Economic Development Corp of Utah is led by Scott Cuthbertson, Former President & CEO since 2025 (on filings since 2023); 5 of 34 officers listed in 2025 are compensated.
Officers on the 2025 filing
Scott Cuthbertson
Former President & CEO
President → Former President & CEO, 2025
On filings since 2023
40 hrs/week
$220K (2024) → $313K (2025)
Derek Miller
President & Chief Executive Officer
New on the 2025 filing
4 hrs/week
No compensation reported
Ryan Starks
Executive Director
Trustee → Executive Director, 2025
On filings since 2024
40 hrs/week
No compensation reported
Gary Porter
Finance Committee Chair
New on the 2025 filing
2 hrs/week
No compensation reported
Jeremy Hafen
Board Chair
New on the 2025 filing
2 hrs/week
No compensation reported
Colby Cooley
Senior Vice President of Operations
Vice President of Busine → Senior Vice President & Operati, 2024
Senior Vice President & Operati → Senior Vice President of Operations, 2025
On filings since 2022
40 hrs/week
$105K (2022) → $126K (2025)
Erin Farr
Deputy Director & Vice President of Business Development
New on the 2025 filing
40 hrs/week
$130K (2025)
Gregory Bisping
Vice President of Investor Relations
New on the 2025 filing
40 hrs/week
$114K (2025)
Sara Adelman
Vice President of Marketing
New on the 2025 filing
40 hrs/week
$118K (2025)
Nathan R. Callister
Board Past Chair
Trustee → Board Past Chair, 2025
On filings since 2019
2 hrs/week
No compensation reported
Thomas Morgan
Board Member
Chair → Secretary, 2022
Secretary → Board Member, 2025
On filings since 2019
1 hr/week
No compensation reported
Dirk Burton
Board Member
Trustee → Board Member, 2025
On filings since 2021
1 hr/week
No compensation reported
Taylor Randall
Board Member
Trustee → Board Member, 2025
On filings since 2022
1 hr/week
No compensation reported
Judd Cook
Board Member
Vice Chair → Chair, 2024
Chair → Board Member, 2025
On filings since 2023
1 hr/week
No compensation reported
Richard Garlish
Board Member
Trustee → Board Member, 2025
On filings since 2024
1 hr/week
No compensation reported
Amanda Covington
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Benjamin Brown
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Chloe Gehrke
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Clark Ivory
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Daniel Brimhall
Chief Financial Officer
New on the 2025 filing
4 hrs/week
No compensation reported
David Petersen
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Donna Milavetz
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Erin Barry
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Erin Laney Barr
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Heidi Walker
Chief Operating Officer
New on the 2025 filing
4 hrs/week
No compensation reported
Jonathan Hafen
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Kaitlin Eskelson
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Matt Lyon
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Natalie Gochnour
Board Member & Chief Economist
New on the 2025 filing
1 hr/week
No compensation reported
Nate Foster
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Rob Hitchcock
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Spencer P Eccles
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Sterling Nielsen
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Susan Robel
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (83)
- Former: J. Steven Price (2019–2024) — Trustee
- Former: Jill Kirsling (2019–2024) — CFO
- Former: Matt Hirst (2020–2024) — Trustee
- Former: Bob Stevenson (2021–2024) — Trustee
- Former: Debbie Winn (2021–2024) — Vice Chair
- Former: Erin Mendenhall (2021–2024) — Trustee
- Former: Rob Moore (2021–2024) — Trustee
- Former: Christian Gardner (2022–2024) — Trustee
- Former: Christy Alter (2022–2024) — Trustee
- Former: Gage Froerer (2022–2024) — Trustee
- Former: Janice Co (2022–2024) — Trustee
- Former: Jenny Wilson (2022–2024) — Trustee
- Former: Ben Hart (2023–2024) — Trustee
- Former: Larry Jensen (2023–2024) — Trustee
- Former: Ryan Meyer (2023–2024) — Trustee
- Former: Stephanie Frohman (2023–2024) — Senior Vice President & Strateg
- Former: Ben Nadolski (2024) — Trustee
- Former: Beth Holbrook (2024) — Trustee
- Former: Brandon Gordon (2024) — Trustee
- Former: Brennen Brown (2024) — Trustee
- Former: Brie Davis (2024) — Trustee
- Former: Dan Richards (2024) — Trustee
- Former: Jason Hill (2024) — Trustee
- Former: Michael Ambre (2024) — Trustee
- Former: Reed Laws (2024) — Trustee
- Former: Tom Morgan (2024) — Secretary
- Former: Bryan Nielsen (2019–2023) — Trustee
- Former: Tara Thue (2020–2023) — Trustee
- Former: Carine Clark (2021–2023) — Trustee
- Former: Daniel Hemmert (2021–2023) — Trustee
- Former: Dawn Ramsey (2021–2023) — Vice Chair
- Former: Gary Hoogeveen (2021–2023) — Chair
- Former: Mike Caldwell (2021–2023) — Trustee
- Former: Nate Callister (2021–2023) — Trustee
- Former: Steve Starks (2021–2023) — Trustee
- Former: Dave Woolstenhulme (2022–2023) — Trustee
- Former: Deneece Huftalin (2022–2023) — Trustee
- Former: James Jackson (2022–2023) — Trustee
- Former: Noelle Cockett (2022–2023) — Trustee
- Former: Stuart Adams (2022–2023) — Trustee
- Former: Troy Walker (2022–2023) — Trustee
- Former: Abby Osborne (2023) — Trustee
- Former: Alan Matheson (2023) — Trustee
- Former: Ari Bruening (2023) — Trustee
- Former: Gary Coker (2023) — Trustee
- Former: Shelley Kimberly (2023) — Trustee
- Former: Theresa Foxley Former (2023) — President An
- Former: Brandon Henrie (2019–2022) — Trustee
- Former: Christopher Hilburn (2019–2022) — Vice President of Market
- Former: Michael R. Flynn (2019–2022) — Chief Operat
- Former: Theresa Foxley (2019–2022) — President An
- Former: Nick Wood (2020–2022) — Trustee
- Former: Amy Osborne (2022) — Trustee
- Former: Juliette Tennert (2022) — Trustee
- Former: Miles Hansen (2022) — Trustee
- Former: Steve Ridge (2022) — Trustee
- Former: Craig Wagstaff (2019–2021) — Trustee
- Former: David Lang (2019–2021) — Treasurer
- Former: Lance Bullen (2019–2021) — Trustee
- Former: Ray Pickup (2019–2021) — Trustee
- Former: Craig Buttars (2021) — Trustee
- Former: Dean Cox (2021) — Trustee
- Former: Commissioner Dean Cox (2019–2020) — Trustee
- Former: Commissioner Jeff Hadfield (2019–2020) — Trustee
- Former: Commissioner Shawn Milne (2019–2020) — Trustee
- Former: Doug Welling (2019–2020) — Trustee
- Former: Jay Francis (2019–2020) — Trustee
- Former: Jerry Oldroyd (2019–2020) — Trustee
- Former: Mayor Dawn Ramsey (2019–2020) — Trustee
- Former: Mayor Jackie Biskupski (2019–2020) — Trustee
- Former: Mayor Kurt Bradburn (2019–2020) — Trustee
- Former: Mayor Mike Caldwell (2019–2020) — Trustee
- Former: Mayor Richard Brunst Jr. (2019–2020) — Trustee
- Former: Mayor Troy Walker (2019–2020) — Trustee
- Former: Val Hale (2019–2020) — Trustee
- Former: Commissioner Bob Stevenson (2020) — Public Vice
- Former: Cameron Deihl (2019) — Trustee
- Former: Cindy Crane (2019) — Board Chair
- Former: Daniel Daines (2019) — Trustee
- Former: Jennifer Somers (2019) — Trustee
- Former: Lincoln Shurtz (2019) — Trustee
- Former: Mayor Bob Stevenson (2019) — Vice Chair
- Former: Nadia Letey (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $313K, to Scott Cuthbertson (Former President & CEO). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Economic Development Corp of Utah
How much does Economic Development Corp of Utah give each year?
Economic Development Corp of Utah reported $17K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants.
How large is Economic Development Corp of Utah?
Economic Development Corp of Utah reported $2.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.
What is Economic Development Corp of Utah?
Economic Development Corp of Utah is a public charity focused on Community Improvement & Capacity Building, based in Salt Lake City, UT. It holds $2.7M in total assets as of 2025.
Where does Economic Development Corp of Utah operate?
Economic Development Corp of Utah has awarded grants in Utah.
What is Economic Development Corp of Utah's EIN?
Economic Development Corp of Utah's EIN (Employer Identification Number) is 74-2502619. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Economic Development Corp of Utah by hand.
Explore Open Grants
Browse active grant opportunities in Economic Development Corp of Utah's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Onerefugee
Salt Lake City, UT
Onerefugee supports students with refugee backgrounds pursuing postsecondary education and careers, providing coaching, education-related financial assistance, and career and community opportunities in Utah, Idaho, and Arizona. In 2024, its 431 awards ranged from $11 to $8,758, with a median of $1,019; it accepts applications from eligible individual scholars, not outside organizations, and applications are currently closed.
Assets
$36K
Grants
495
Total Given
$1.3M
George S and Dolores Dore
Salt Lake City, UT
The foundation supports Utah projects that improve community quality of life, including arts and culture, education, community welfare, health, and preservation; 96% of its 2024 grant dollars went to Utah recipients. Its program lists awards up to $2 million, while 2024 grants ranged from $500 to $5.575 million, with a median of $17,750. It encourages early submissions and provides application-window dates, but the profile does not state whether it accepts unsolicited requests.
Assets
$966.8M
Grants
400
Total Given
$27.0M
Larry H Miller and Gail Miller Family Foundation
Sandy, UT
The foundation supports 501(c)(3) nonprofits working in health, food and shelter security, education, jobs and economic self-reliance, and cultural and spiritual enrichment, with most funding going to Utah. Typical awards are $15,000–$25,000 through its Community Support Grants and about $5,000 through its General Operating Grants; larger Strategic Initiative Grants exceed $50,000. It accepts applications for its grant programs, reviewed monthly for Community Support and General Operating Grants; Strategic Initiative applicants begin with a one-page concept outline.
Assets
$773.9M
Grants
324
Total Given
$33.2M
University Impact
Provo, UT
University Impact supports social and environmental initiatives through donor-advised, community, and field-of-interest funds, with grants covering areas such as education, health, poverty alleviation, and sustainability. In 2024, its median grant was $20,000, though awards ranged widely; most grant dollars went to Utah, with additional funding in several other states and elsewhere. The profile does not state whether it accepts unsolicited requests.
Assets
$384.7M
Grants
317
Total Given
$42.3M
Best Friends Animal Society
Kanab, UT
Best Friends Animal Society funds U.S. animal welfare organizations and lifesaving programs for cats and dogs, including adoption, spay/neuter, return-to-home, and no-kill efforts; its Rachael Ray grants are limited to Best Friends Network Partners. Its 2024 grants had a median of $17,405, while the No-Kill Excellence Grants offer up to $60,000. The profile does not state whether it accepts unsolicited requests.
Assets
$194.7M
Grants
418
Total Given
$14.3M
The Community Foundation of Utah
Salt Lake City, UT
The Community Foundation of Utah supports charitable work across varied areas, including housing, homelessness, healthcare access, community development, and services for vulnerable communities, with much of its grantmaking directed by donors. Its 2024 grants had a median of $20,000, though amounts varied widely; its 25 Squared initiative awards at least $2,500 to eligible Utah nonprofits. It supports Utah and the broader United States; whether it accepts unsolicited requests is not stated.
Assets
$190.4M
Grants
299
Total Given
$60.0M
Sorenson Legacy Foundation
Midvale, UT
The Sorenson Legacy Foundation funds education, innovation, health care, and community development, with a preference for organizations serving Utah. Its 2024 grants ranged from $700 to $5.675 million, with a median of $20,000. It accepts unsolicited requests; first-time applicants are advised to inquire before applying.
Assets
—
Grants
266
Total Given
$28.0M
Mountain America Foundation
Sandy, UT
Mountain America Foundation supports community-serving organizations and scholarships for students pursuing post-secondary education, with most grant funding going to Utah and smaller amounts to Washington, Idaho, Montana, and Arizona. In 2025, grants ranged from $1,000 to $600,000, with a median of $2,000. It funds preselected organizations only and does not accept unsolicited requests.
Assets
$2.0M
Grants
237
Total Given
$1.5M
Making a Difference Foundation
Midvale, UT
The foundation funds medical missions, healthcare for underserved communities, local causes aligned with CHG employees’ interests, and humanitarian relief, with much of its giving focused on areas near CHG offices and grants also reaching other states and countries. Its 2024 grants ranged from $500 to $138,572, with a median of $2,500; it accepts requests through a grant request form, with quarterly deadlines.
Assets
$5.8M
Grants
229
Total Given
$828K
Our Rescue
Salt Lake City, UT
OUR RESCUE funds survivor care and services, anti-trafficking education and advocacy, and law enforcement training, equipment, and capacity building. Its 2025 grants ranged from $4,734 to $245,000, with a median of $10,654; its 2026 Survivor Care Impact Grant offers $5,000–$25,000 for U.S.-based projects, and its law enforcement work spans the United States, Canada, and worldwide. The Survivor Care program is currently closed to applications; the profile does not state whether it accepts unsolicited requests for other grants.
Assets
$36.9M
Grants
178
Total Given
$2.9M
The Zions Bancorporation Foundation
Salt Lake City, UT
The Zions Bancorporation Foundation funds charitable work in areas including affordable housing, community service, arts and culture, education, economic development, and health and human services, with grants across several states—especially Utah, Texas, California, Nevada, and Arizona. In 2024, awards ranged from $156 to $100,000, with a median of $2,570. It does not accept unsolicited requests and gives to preselected organizations.
Assets
$43.3M
Grants
178
Total Given
$1.4M
Sad Foundation Inc
Park City, UT
Assets
$2.6M
Grants
145
Total Given
$130K
More Funders in Utah
Economic Development Corp of Utah down — hundreds of funders to go?